IBAN GROUP: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
IBAN GROUP
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts after one year -€213,811
down €213,811 (-11.0%), from €1.9m to €1.7m
of which Financial debts: -€213,811
- Profit (loss) carried forward +€88,330
up €88,330 (+20.5%), from €430,027 to €518,357
- Other debts +€55,594
up €55,594 (+5.5%), from €1.0m to €1.1m
- Gross operating margin -€23,945
down €23,945 (-5.6%), from €426,115 to €402,170
- Taxes +€18,423
up €18,423 (+71.6%), from €25,730 to €44,152
- Other operating charges -€6,871
down €6,871 (-11.4%), from €60,006 to €53,136
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,856,908 | €3,827,503 | -€29,405 | -0.8% |
| Fixed assets | 21/28 | €3,827,255 | €3,797,104 | -€30,152 | -0.8% |
| Tangible fixed assets | 22/27 | €3,397,255 | €3,367,104 | -€30,152 | -0.9% |
| Land and buildings | 22 | €3,369,442 | €3,336,926 | -€32,516 | -1.0% |
| Plant, machinery and equipment | 23 | €27,814 | €30,178 | +€2,364 | +8.5% |
| Financial fixed assets | 28 | €430,000 | €430,000 | = | 0.0% |
| Current assets | 29/58 | €29,653 | €30,399 | +€746 | +2.5% |
| Amounts receivable within one year | 40/41 | - | €1,822 | +€1,822 | |
| Trade receivables | 40 | - | €1,822 | +€1,822 | |
| Cash at bank and in hand | 54/58 | €25,372 | €21,632 | -€3,741 | -14.7% |
| Deferred charges and accrued income | 490/1 | €4,280 | €6,946 | +€2,665 | +62.3% |
| Total equity and liabilities | 10/49 | €3,856,908 | €3,827,503 | -€29,405 | -0.8% |
| Equity | 10/15 | €555,027 | €643,357 | +€88,330 | +15.9% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €62,500 | €62,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €430,027 | €518,357 | +€88,330 | +20.5% |
| Amounts payable | 17/49 | €3,301,882 | €3,184,146 | -€117,736 | -3.6% |
| Amounts payable after more than one year | 17 | €1,937,753 | €1,723,942 | -€213,811 | -11.0% |
| Financial debts | 170/4 | €1,832,393 | €1,618,582 | -€213,811 | -11.7% |
| Other amounts payable | 178/9 | €105,360 | €105,360 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,364,128 | €1,460,204 | +€96,075 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €316,578 | €319,811 | +€3,232 | +1.0% |
| Trade debts | 44 | €10,068 | €26,100 | +€16,032 | +159.2% |
| Suppliers | 440/4 | €10,068 | €26,100 | +€16,032 | +159.2% |
| Taxes, remuneration and social security | 45 | €35,000 | €56,217 | +€21,217 | +60.6% |
| Taxes | 450/3 | €35,000 | €56,217 | +€21,217 | +60.6% |
| Other amounts payable | 47/48 | €1,002,482 | €1,058,076 | +€55,594 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €167,532 | €169,287 | +€1,755 | +1.0% |
| Other operating charges | 640/8 | €60,006 | €53,136 | -€6,871 | -11.4% |
| Gross operating margin | 9900 | €426,115 | €402,170 | -€23,945 | -5.6% |
| Operating profit (loss) | 9901 | €198,577 | €179,748 | -€18,829 | -9.5% |
| Financial income | 75/76B | €3 | €9 | +€6 | +192.2% |
| Recurring financial income | 75 | €3 | €9 | +€6 | +192.2% |
| Financial charges | 65/66B | €48,283 | €47,274 | -€1,009 | -2.1% |
| Recurring financial charges | 65 | €48,283 | €47,274 | -€1,009 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €150,297 | €132,483 | -€17,814 | -11.9% |
| Income taxes | 67/77 | €25,730 | €44,152 | +€18,423 | +71.6% |
| Profit (loss) for the period | 9904 | €124,567 | €88,330 | -€36,237 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €124,567 | €88,330 | -€36,237 | -29.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.